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Chapter 754 Copper Price Crisis

According to statistics, 96% of Americans will get drunk at parties after work or witness others getting drunk.

Han Xuan can use his high IQ to avoid blaming himself for a hangover.

Because studies have shown that IQ is related to drinking, the smarter the person is, the more he likes drinking.

His IQ is naturally speechless, so he often likes to drink some alcohol to relieve the fatigue caused by the brain's constant operation.

I was poured into about 700 ml of beer last night, which was beyond Han Xuan's expectations. I was drunk too much this time and almost forgot how I got home.

At this moment, I was sitting on the bed, looking out the window in a daze.

Recalling the details that happened at that time.

He only remembers that Irving and Alexander kept fighting for wine, and then it was broken.

I vaguely seemed to remember something important, but I just couldn't remember it.

Alcohol deeply paralyzes the central nervous system, no matter how smart it is, it is useless...

"You were taken back by Gabriel last night, and you scared me and your mother to death.

Don’t drink alcohol in the future, as it can easily hurt your brain and become a fool.

I was smart when I was young, and now my memory is declining. It is probably related to the fact that I drank too much wine during my fraternity."

Han Qianshan stood at the door with a smile on his face.

The first time I saw my son get drunk and sleep like a dead pig, he was actually quite happy.

As for private matters like taking photos of a drunk and ugly photo of his son, would you tell Han Xuan specifically?

Of course not.

"Who knew that the beer brewed by Old Patton would have such a high alcohol content, and he had a headache."

Han Xuan smelled the smell on his body, and he was still the same piece of clothing yesterday, so he probably didn't vomit.

I was drunk once at Brown University last year and drank different wines, but the feeling after a hangover was the same.

Dry throat, stomach discomfort, headache, broken slices

Han’s father pointed to the sour plum soup that had been placed on the bedside for a long time, signaling his son to drink it, and smiled and said, “The wine he brewed is made directly from barley, and I dare not drink too much.

Now, except for Germany's regulations that brewing beer must use pure malt, other countries have started to use malt alternatives, such as rice, starch, oats, etc., since beer industrialized and mass production, for various reasons, manufacturers have begun to use malt alternatives, such as rice, starch, oats, etc.

The power of these producers is great enough to allow them to modify the definition of beer, but in fact, those beers are no longer considered authentic.

Old Patton brews completely according to the German winemaking method. If you don’t want to get drunk, you have to drink it slowly like red wine.

In fact, its alcohol content is greater than that of red wine, and he himself doesn't know how many degrees it is."

"...Irving and Alexander drank so much last night, wouldn't it be a waste?"

Han Xuan remembered the scene of them drank in a cup of tea and observed silently for them in his heart.

This is not drinking beer, it is like blowing red wine, one cup and one bottle!

"Yeah, I've been sent to the hospital for infusion.

This time Patton brewed a beer better than before, and those two guys almost had stomach bleeding.

Kelly is taking care of them in the hospital, so there is no need to worry. The doctor said that it will be fine if you take a few days off."

Han Qianshan threw a thick stack of paper in his hand and said, "Secretary Dawson asked me to hand it over to you.

He said something went wrong with the hotel fax machine, and the printed words were not clear, and there was an electronic version in your o-mailbox."

"Give me?"

Han Xuan took it and looked down at the cover of the document, which read "Global Copper Price Changes in 1980-1995", and there was also a completely blank document surface.

His hand shook suddenly, and he remembered what he had forgotten!

Although he was rebellious in his previous life, he didn't listen to his parents and studied finance major.

But my former father, one of the 750,000 billionaires in China and is about to become one of the 8,300 billionaires, learning management is a process that Han Xuan, the only child, must go through.

The decline in copper prices in the 1990s was an example that the economics professor focused on introducing to him.

Because of this fall in copper prices, Sumitomo Consortium, one of the six major Japanese consortiums with a total market value of more than US$140 billion, hit hard!

As early as the 16th century, the Sumitomo family created and operated a copper mine on Shikoku Island, growing and growing, becoming the official designated copper supplier in Japan.

In early 1987, when the London Metal Exchange, the futures copper price hovered at $1,300.

Sumitomo's trader, Hama Nakata, gradually established a large number of copper forward contracts in the futures market.

By mid-1988, the price of copper in London soared to US$2,500, and Binzhongtai men had taken huge profits from the futures market.

In recent years, London's March futures copper price has soared from around US$1,650 per ton at the end of 1993 to a high of US$3,075 per ton at the beginning of 1995.

Now, Quantum Fund, Robinson Tiger Fund, Canadian metal trader Herbert-Blak, American fund Dtter, and some European large metal traders have set their sights on this big fat meat with more than one million tons of copper futures.

Others say that reading documents is actually reading silently, while Han Xuan is really flipping page by page.

Soon, he threw the copy with the price of copper on the head of the bed and turned to George Soros' recent movements.

It took less than five minutes to remove the two documents and close my eyes to think about the content.

Seeing that his son seemed to have something to do, Han Qianshan said, "Go and wash up and go downstairs to have breakfast." He closed the door and left lightly.

Han Xuan's head flashed with numbers. After experiencing the plunge of copper prices in the late 1980s and early 1990s, copper prices surged again in the subsequent time since 1993.

This year is a bit abnormal. On January 20, the international copper price was as high as US$3,075 per ton. In just over two months, the copper price fell from US$3,075 to US$2,859 at the close of yesterday.

According to Soros' recent whereabouts, bought from McKinsey Consulting, he went to Paris six times in total during this date. He was banned from the UK and it was normal not to go to London.

Every time the capital tycoon Soros leaves the United States, the copper market on the London Metal Exchange will fluctuate in the next few days.

It seems like there are two invisible hands, tug-of-warping left and right.

Looking at what happened now, it was a complete mystery. Even Executive Anthony, who went to collect information, didn't know what the boss was thinking.

But Han Xuan, who knows history, is clear that this is the Sumitomo Consortium in Japan pushing up copper prices, while venture capital institutions led by Quantum Fund are trying to lower copper prices to make profits.

The tragedy that just happened in Mexico is about to happen again. Han Xuan laughed so hard that he smelled the money again.

Every time the copper price falls, it means that the Sumitomo Consortium in Japan will lose a large amount of funds, and venture capital institutions that short the copper price will make profits.

Now the copper price is obviously inflated, and a decline is inevitable.

If it can be done properly, this is a more prosperous time to make a move than Mexico.

In the previous life, Sumitomo Consortium evaporated a total of US$4 billion for this. Han Xuan thought that with his own "help" this time, they might lose more.

I was so happy to encounter such a thing when I woke up in the morning.

I picked up my phone and wanted to call Anthony, but after thinking about it, I let it go. Now is not the best time.

The Sumitomo family in Japan is stronger than those of the top institutions together, and this tug-of-war cannot be over in less than one or two years.

Han Xuan walked into the bathroom and stretched his arms and muttered: "It seems that I'm going to do it in a short term myself.

Stick your butt and wait for me, Sumitomo Consortium" (To be continued.)

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